US Senate discusses market structure for digital assets after passing stablecoin regulation bill

From Cointelegraph

June 23, 2025 01:35 PM:

The US Senate discusses a path forward for digital asset market structure after passing the GENIUS Act to regulate payment stablecoins. Lawyers from Coinbase and Multicoin Capital will testify at the Senate Banking Committee’s digital asset subcommittee hearing. The House is also advancing its own Digital Asset Market Clarity Act for a floor vote.

The stablecoin bill and market structure bill aim to address regulatory issues in the crypto industry. However, Democrats in Congress are pushing back, questioning potential personal profit for Trump and his family due to ties to the industry. Trump indicated he would sign the GENIUS Act without add-ons, but his priorities amid scrutiny remain unclear.

Read more at Cointelegraph: As Stablecoin Bill Heads To House, Senate Shifts To Market Structure